February 16, 2012
With stocks on the move and gold and silver consolidating recent
gains, today King World News interviewed Rick Rule, President, of Sprott USA. Rick
spoke with KWN about what he is doing with his own money and his clients money
right now, but first he had this to say about US monetary policy: “My
thought here is a reflection on statements by senior US monetary officials and
the world’s reaction to them. There are two statements from the Federal Reserve
I find interesting. The first signaling to the market they are going to keep
interest rates close to zero for 3 years. The second saying they intend to have
the general level of pricing in the US increase by 3% per year.”
